Should directors (incl. independants) own or not own shares in the company? Are there any SEBI guidelines on this?
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No requirement as such to own or not own shares. But since they are insiders to the business, and any buy/sell from their account or their immediate family, has to be declared. Check this insider trading regulations from SEBI.
We at Zerodha also have a very interesting tool for tracking insider trading, check this out.
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